Prophecy Closes Private Placement

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Prophecy Closes Private Placement

VANCOUVER, British Columbia, April 30, 2021, Prophecy Potash Corp. (the “Company”)

(CSE: NUGT) pleased to announce that it has closed its previously announced non-brokered

private placement (the “Private Placement”) of 10,000,000 units (“Units”) at a price of $0.10 per

Unit for gross proceeds of $1,000,000.

Each Unit is comprised of one common share of the Company (a “Common Share”) and one

Common Share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one

additional Common Share at a price of $0.12 for a period of 24 months. All securities issued under

the Private Placement are subject to a four month hold period.

The Company did not pay any commissions or finder ’s fees in connection with the Private

Placement. The Company intends to use the net proceeds of the Private Placement for general

administrative and working capital purposes and to evaluate and pursue new business

opportunities.

ON BEHALF OF THE BOARD OF DIRECTORS

“Darryl Jones”

Darryl Jones

Director

604,788,9533

Further information about the Company is available under its profile on the SEDAR website,

www.sedar.com.

Neither CSE Exchange nor its Regulation Services Provi der (as that term is defined in the policies of the

CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements included in this announcement, including statements concerning our plans, intentions and

expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward -

looking statements". Forward -looking statements may be identified by words including "anticipates",

"believes", "intends", "estimates", "expects" and simila r expressions. The Company cautions readers that

forward-looking statements, including without limitation t hose relating to the Company's future operations

and business prospects, are subject to certain risks and uncertainties that could cause actual results to

differ materially from those indicated in the forward-looking statements.